Democracy Quote by Hedrick Smith

“Overall, more than fifty-nine thousand factories and production facilities were shut down all across America over the last decade, and employment in the core…

— Hedrick Smith

“We are literally Two Americas, remarkably out of touch with each other— the fortunate living the American Dream but lacking any practical comprehension of…

— Hedrick Smith

The most common mistakes were investing in money market funds by people who were so scared at the prospect of managing their own funds…

— Hedrick Smith

“Translating cold numbers into a graphic picture of the hard economic realities in the lives of ordinary people is a challenge. In the 1990s,…

— Hedrick Smith

Less money for retirees means less purchasing power means less economic growth overall. It's a big problem.

— Hedrick Smith

Journalists cover words and delude themselves into thinking they have committed journalism.

— Hedrick Smith

One of the strongest lessons I learned in doing six months of work on retirement topic was how absolutely crucial the Social Security system…

— Hedrick Smith

“Two trends are primarily responsible for today’s hyperconcentration of wealth inAmerica— the collective decisions over time by America’s corporate power elite to take a…

— Hedrick Smith

The main problems are insufficient diversification and the failure to pick age-appropriate strategies - that is, more aggressive when you're younger, and more conservative…

— Hedrick Smith

It really depends upon how much money you have in your account. Having a monthly paycheck come in for the rest of your life…

— Hedrick Smith

“Henry Ford gave that idea popular currency when he brought out the famous Model T car and announced in 1914 that he would pay…

— Hedrick Smith

“Since the early 1990s, a shadow government has taken root along K Street, the Washington corridor that is home to block after stately block…

— Hedrick Smith